basrah light | Egypt Oil & Gas

Iraq Raises Oil Selling Price for Asia-Bound Crude

Iraq's State Oil Marketing Organization (SOMO) has raised its oil selling price for July exports of Basra Light and Basra Heavy crude grades to Asia.

Iraq Increases Basrah Crude Prices to Asia, Reduces Them for U.S. and Europe

Iraq, OPEC’s second-largest producer, raised the selling price for February shipments to Asia of its main Basrah Light crude by 30 cents a barrel, after Saudi Arabia boosted its pricing to the region.

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